It feels like just yesterday that "higher for longer" was the going cliché in economic circles. After Tuesday's CPI improvement, however, people might flip that phrase on its head. Borrowers got the CPI print they needed to pave the way for a BoC cut on July

💡Also in this edition: • Latest from RateLand • The Value Zone • Mortgage Bytes Anyone who cares about property values needs to care about population values. When household formation outpaces housing formation, real estate markets fly as high as a kite, and vice versa. Since the Liberals announced their non-permanent resident (NPR)

📰Also in this edition: • The MLN Minute • Mortgage Bytes Aside from CPI, employment data are typically the biggest routine driver of mortgage rates. And on Friday, StatsCan dealt borrowers a good hand on job numbers, at least from a rate perspective. For the full rundown, skim through MLN's

📰Also in this edition: • The Latest from Rateland • Value Zone • Mortgage Bytes In 30 days, the government launches its latest housing hail mary: 30-year amortizations for default-insured first-time buyers. Many questions surround the policy, not the least of which is: Will the scheme actually accomplish its missions? It aims to